<ul><li>The U.S. Securities and Exchange Commission (SEC) has delayed the decision on Canary Capital’s proposal to launch a Litecoin (LTC) exchange-traded fund (ETF).</li><li>Public comments on the Litecoin ETF proposal are due by May 26th, with rebuttals required by June 9th.</li><li>Despite the delay, analysts believe the approval chances for the Litecoin ETF are high, as it follows the approval of Bitcoin and Ethereum ETFs earlier this year.</li><li>The extended review period on the Litecoin ETF may influence its market position if approved, as Litecoin remains a significant player in the cryptocurrency market with a market capitalization of about $6.6 billion.</li></ul>

SEC Delays Critical Decision on Canary Capital’s Litecoin ETF Proposal

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